Bitcoin shows advance signs of volatility with BTC price holding $27,000.
“The market is pricing a 99% probability that the Fed are on hold at this meeting. And the data is conducive for that, core CPI inflation is now running at the Fed’s target on a 3-month annualized basis,” financial commentator Tedtalksmacro“Potentially the first meeting where the Fed recognize that inflation is trending on the right path…”Despite this, the event was tipped to deliver short-term volatility.
Analyzing the state of the BTC/USD order book on largest global exchange Binance, monitoring resource Material Indicators said that liquidity around spot price was noticeably thin. “If one thing in particular stands out, it's that liquidity is thinly distributed through the range,” part of its commentary“We could see some walls go up, but for now it appears the order book is set to accommodate more volatility.”
Material Indicators added that the subsequent speech and press conference from Fed Chair Jerome Powell should lead to further “spicy” BTC price action. An accompanying chart showed some bid-side liquidity parked at $26,650, while substantial bids still only at $25,000. To the upside, sellers lay in wait at $27,450 — the local BTC price high from September.Continuing, others hoped for some range levels to be challenged as part of the FOMC reaction.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Bitcoin Bollinger Bands hit key zone as BTC price fights for $27KBitcoin toys with a Bollinger Bands breakout, with BTC price below key resistance levels.
続きを読む »
Roughed-Up Bitcoin Miner Stocks Attempt Rally as BTC Retakes $27KMany in the sector are down 50% or more over the past two months.
続きを読む »
FOMC versus BTC price 'local bottom' — 5 things to know in Bitcoin this weekBitcoin lines up record fundamentals as BTC price heads into FOMC volatility.
続きを読む »
Bitcoin bulls defend BTC, push toward $27,000 ahead of FOMC interest rate decisionBitcoin price action of late has fueled optimism among traders as the asset climbs toward $27,000 after a weak performance throughout August and the f
続きを読む »
Bitcoin Keeps Flirting With $27K, but These Alts Performed Better (Market Watch)Bitcoin pumped and retraced amid the $27K level, while XRP, SOL, and LTC have outperformed it.
続きを読む »
Bitcoin Eyes $27K, Chainlink Emerges as Today's Top Performer: Market WatchROSE, APE, and CSPR have followed LINK north in the past 24 hours.
続きを読む »